Results 13,281-13,300 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: We do it all the time.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 20: In page 12, line 31, to delete "the payment" and substitute "such payment".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 21: In page 12, line 38, to delete "the amount of" and substitute "details of the amount of".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 22: In page 12, between lines 39 and 40, to insert the following:"(V) the name of the individual from whom the payment was received;".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 23: In page 12, line 40, to delete "(V) the date of" and substitute "(VI) the date of".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I do not propose to accept the amendment. A number of issues arise. The relationship between the homeowner and the contractor is important from the outset. The first thing a homeowner must do before engaging a contractor is to ensure the contractor is tax compliant. The homeowner should ask to see the building contractor’s up-to-date notification of determination of relevant...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: The offence is the contractor's. If everything else is in order, bar the failure to register within the ten day period, Revenue will use its discretion in favour of the applicant. All of these matters are still subject to decision by the appeal commissioners.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: It is difficult to see how a reputable contractor would fail to provide the necessary information to the Revenue to enable a home owner make a claim. The contractor would destroy his own business, as well as incurring penalties. The claim is made once payment is made, not when the work is finished. Once the Revenue has the electronic system up from early January, the householder can see at...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 25: In page 13, to delete lines 19 and 20 and substitute the following:“(iv) details of any sum referred to in paragraph (a) or (b) of subsection (7),”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 26: In page 14, line 6, to delete “subsection (3)” and substitute “subsection (3)(a)”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 27: In page 14, to delete lines 14 to 17 and substitute the following:“(8) (a) Relief shall not be given under this section where the requirements of the Finance (Local Property Tax) Act 2012, in relation to the making of returns and the payment of local property tax—(i) have not been complied with in respect of the qualifying residence, or (ii) have not...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 28: In page 15, line 8, after “Acts” to insert “or the Value-Added Tax Consolidation Act 2010”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: My assumption is that contractor No.1 registers and enters all the data required by Revenue while contractor No. 2 registers and does the same. When Revenue sees the trigger of €5,000 has been reached, the claim is eligible and the arrangements are made in accordance with a person’s tax liability for the repayment of the tax paid. We rely on the Revenue to ensure its...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: Yes.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: I move amendment No. 29: In page 16, line 3, after “Chapter 1” to insert “of Part 15”.Section 6 of the Finance (No. 2) Bill 2013 introduced a new start your own business initiative. I have already signalled my intention to reduce the qualifying period of unemployment to 12 months in order to bring the qualifying period in line with activation measures for the...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: Yes.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: As initiated, the section required an individual to be unemployed for a period of 15 months before starting his or her own business. While this is the definition of long-term unemployment in the Social Welfare Acts, in practice a period of 12 months is generally applied. To be in keeping with initiatives by the Department of Social Protection on activating the long-term unemployed, it is...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: Anybody on a FÁS course is automatically receiving crediting contributions; therefore, it does not need to be mentioned specifically in the text.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: We will have to check.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Finance (No. 2) Bill 2013: Committee Stage (26 Nov 2013)

Michael Noonan: This is one of the things we are trying to do for the long-term unemployed and I hope it will work. If one sees it in combination with what we discussed before the break, it makes sense. If a carpenter is long-term unemployed and has a friend or a brother who has another skill in the building industry, rather than seeking work from another contractor, they can decide to set up as small...